Month: December 2020

Steve Keen’s Predictions for 2021

COVID, China, mining, climate change – Steve Keen with predictions of what 2021 has in store for us.

Are we overstimulating the economy with the COVID-19 response?

Another $1 trillion stimulus is about to be added to the US economy. I ask Steve Keen if all this extra spending could come back to bite us?

US pays out whilst UK digs in

In our last Morning Call of the year NAB’s Ray Attrill talks about how the positive news of a US fiscal stimulus deal has been completely overshadowed by the new COVID-19 strain in the UK.

US deal imminent. UK marooned. Brexit all at sea

The pound will take a hit from the latest lockdowns says NAB’s Rodrigo Catril, but a Brexit deal is still possible. Risk assets are likely to gain on the imminent signing of a US fiscal stimulus.

One minute to midnight on US and UK-EU deals

It’s right to the wire for the US fiscal stimulus and the UK-EU trade deal. NAB’s Gavin Friend says both will get across the line – at least the markets are priced that way, but the clock has got much further to tick.

Imminent fiscal deal, a narrow path to Brexit and a Fed waiting

News of an imminent fiscal stimulus deal in the US has offset the market downturn from grim retail numbers in the US, says NAB’s Gavin Friend. He also talks to Phil Dobbie about this morning’s Fed meeting.

The best approach to foreign trade

Could tariffs actually be good for the UK? On this week’s Debunking Economics podcast @profstevekeen argues international trade is not the be all and end all.

Hope springs eternal, on both sides of the Atlantic

A possible Brexit deal? Positive news says NAB’s Rodrigo Catril, but we still need to be cautious. There’s greater hope that a fiscal stimulus deal is close in the US.

Vaccine optimism dimmed by new strain

The markets started the week in an ebullient mood, says NAB’s Ray Attrill, but the news of a new strain of COVID-19 have taken off the shine.

US in Warp Speed whilst UK Dithers

NAB’s Tapas Strickland says the pound has already recovered after the news that UK-EU trade talks will continue. Whilst, in the US, Operation Warp Speed kicks into action this week.

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